Common use of Accelerated Vesting of Equity Awards Clause in Contracts

Accelerated Vesting of Equity Awards. Notwithstanding any provision of any equity award plan or agreement to the contrary, (i) each outstanding stock option, stock appreciation right, restricted stock award, restricted stock unit, or other long-term equity incentive award held by the Executive shall vest (whether the vesting criteria are time-based, performance-based or otherwise) and become non-forfeitable on the Date of Termination and (ii) each outstanding stock option (other than a stock option that is intended to qualify as “incentive stock option” under Section 422 of the Code and that has an exercise price that is less than the fair market value of the Company’s common stock on the date hereof) and stock appreciation right shall remain exercisable for eighteen (18) months following the Date of Termination (but in no event beyond the date such stock option or stock appreciation right would have expired had the Executive remained employed with the Company).

Accelerated Vesting of Equity Awards. Notwithstanding any provision of any equity award plan or agreement to the contrary, (i) each outstanding stock option, stock appreciation right, restricted stock award, restricted stock unit, or other long-term equity incentive award held by the Executive shall vest (whether the vesting criteria are time-based, performance-based or otherwise) and become non-forfeitable on the Date of Termination and (ii) each outstanding stock option (other than a stock option that is intended to qualify as “incentive stock option” under Section 422 of the Code and that has an exercise price that is less than the fair market value of the Company’s common stock on the date hereof) and stock appreciation right shall remain exercisable for eighteen twelve (1812) months following the Date of Termination (but in no event beyond the date such stock option or stock appreciation right would have expired had the Executive remained employed with the Company).

Accelerated Vesting of Equity Awards. Notwithstanding any provision of any equity award plan or agreement to the contrary, (i) each outstanding stock option, stock appreciation right, restricted stock award, restricted stock unit, or other long-term equity incentive award held by the Executive shall vest (whether the vesting criteria are time-based, performance-based or otherwise) and become non-forfeitable on the Date of Termination and (ii) each outstanding stock option (other than a stock option that is intended to qualify as “incentive stock option” under Section 422 of the Code and that has an exercise price that is less than the fair market value of the Company’s common stock on the date hereof) and stock appreciation right shall remain exercisable for eighteen twenty-four (1824) months following the Date of Termination (but in no event beyond the date such stock option or stock appreciation right would have expired had the Executive remained employed with the Company).